April 16, 2018
Launch NY Newsletter – April 2018
|Launch NY News & Updates||Upcoming Events|
Launch NY COO Named To Upstate Capital Association of New York Board
Congratulations to our COO and Fund Manager, Lindsay Stencel, on being named to the Upstate Capital Association of New York board, with Rick Clonan of CenterState CEO!
Recent Study Calls for Private Sector Engagement and Collaboration to Spur Entrepreneurial Success in Upstate NY
Last year Endeavor Insight conducted two research projects, supported by Launch NY, the Kauffman Foundation, and Ralph C. Wilson, Jr. Foundation, in the Buffalo and Rochester areas. The first was a study of the entrepreneurship network among nearly 500 advanced manufacturing companies. The second project surveyed over 100 grassroots to high-growth businesses across all sectors in the Buffalo area selected through their work with local Community Development Financial Institutions (CDFIs) who provide technical assistance and financing to startup and small businesses in low to moderate income neighborhoods, provide business support and financing to businesses in low to moderate income neighborhoods, including Excelsior Growth Fund, Launch NY, PathStone Enterprise Center, and the Westminster Economic Development Initiative (WEDI). The assessment highlights the need to increase regional connectivity among experienced entrepreneurs, while improving access to capital and talent. Read the study press release and results.
Join #LaunchHour TwitterChat on April 18th at Noon to Learn How to Build a Successful Food Startup
Food startups are popping up everywhere, but what makes some more successful than others? Join us at noon on April 18th with our panel of experts and entrepreneurs, including Steve Leous, Michele Liddle, Eric Gricus, and more, to learn the recipe for success! Read last month’s TwitterChat Tips below.
|April 18, 2018
#LaunchHour: TwitterChat: Recipe for Success: How to Make Your Food Startup a Success
12:00 – 1:00 PM
April 17, 2018
April 18, 2018
April 18 – 19, 2018
Launch NY Portfolio Companies Expanding their Upstate NY Teams
This month we are dedicating our Startup Spotlight to two LaunchNY Seed Fundportfolio companies who are not only continuing to raise significant capital in our region, but are also hiring local talent to join their growing startups.
Farther Farms, a food technology company based in Ithaca, NY is working to simplify food processing and extend the shelf life of fresh-cut produce without the use of preservatives, chemicals, or cold storage. Earlier this month they announced they have hired two food scientists to join their growing team. They will be focusing on their current potato products, but also expanding their research into other fruits and vegetables. The growth hasn’t stopped there for Farther Farms, they are also hiring a Research & Development Culinary Chef. For more information visit their job postingand be on the lookout for
more new jobs in the future!
3AM Innovations, a sensor technology company in Buffalo, NY, is designing and building wearable technology solutions to track firefighters during active
fires to improve safety and situational awareness. The 3AM Innovations team has continued to grow the past few months since closing their $500,000 seed round and preparing to launch their first product. Most recently they have hired a director of customer service, product designer, product engineer, and many University at Buffalo Interns.
|#LaunchHour TwitterChat Tips||Launch NY Resources|
LaunchHour TwitterChats are monthly virtual chats featuring important topics for startups and entrepreneurs. Join us monthly to hear from industry experts on our panel. If you missed us you can view our past TwitterChats in our archive and checkout some great tips from previous months below and be sure to join us this Wednesday, April 18th at noon for our next #LaunchHour TwitterChat.
March 21, 2018
Q2. What is the difference between a board of directors and an advisory board?
Q7. Who can help startups build the right board?
View the whole chat on Wakelet.
Join us for our next #LaunchHour TwitterChat, April 18, 2018 for Recipe for Success: Building a Successful Food Startup!
|Upstate NY Resource Network
Check it out here >
Upstate NY Rainforest Canvas Study
5 Business Stages – Where are you?
Each stage contains critical deliverables for moving forward. Starting with the Explore stage, see where you are on the path to success.
Is Launch NY a fit for you?
|Meet LNY Entrepreneur-in-Residence (EIR)|
Dave Eilers is an enterprise leader focused on the convergence of technology development, innovation process, and user engagement. Over the course of his career Dave has pioneered new products, opened new international markets and developed new business models in the healthcare industry through his work with the Marmon Group of companies and InterV Medical Group/ Roundtable Healthcare Partners, resulting in a $785 Million acquisition. In 2008, Dave applied his interest in Open Innovation to the co-founding of Blue Highway, LLC; a technology accelerator focused on creating early diagnosis of adverse health conditions. In 2013, Dave helped launch the Life Reimagined Institute for AARP, focused on improving the social determinants of health for people 50+ through millions of digital interactions and thousands of live in-person seminars.
Read more about Dave and our other EIRs on our website.